TCS employee base drops by over 5,000 to 607,354 in December quarter, profit up 11.95%

Tata Consultancy Services (TCS) reported a reduction of over 5,000 employees in the October to December quarter, with its total workforce standing at 607,354 by the end of the period, down from 612,724 in the previous quarter.

Despite this decline, the IT services giant posted an 11.95% rise in net profit, reaching Rs 12,380 crore for the quarter, up from Rs 11,058 crore a year ago.